Key Developments: Lee Enterprises Inc (LEE)
18 Dec 2013
Latest Key Developments (Source: Significant Developments)
Lee Enterprises Inc announced that it has entered into an agreement to sell the North County Times newspaper and digital media operations based in Escondido to Manchester Freedom, LLC, an affiliate of MLIM Holdings, owner of U-T San Diego, U-T TV and other media interests in Southern California, for $11.950 million. The transaction is expected to be completed in October. Full Article
Reuters reported that Berkshire Hathaway, Inc. has taken a small stake in Lee Enterprises, Inc. According to an amended 13F filed with the U.S. Securities and Exchange Commission, Berkshire owns about 1.7 million shares of Lee Enterprises, or about 3.2% based on its latest shares outstanding. Full Article
BIRMINGHAM, Ala., Sept 20 - The Pulitzer Prize-winning author of "To Kill a Mockingbird," Harper Lee, is locked in a dispute with a museum in her Alabama hometown over the use of the novel's title.